According to the public record, 564, Burnage Lane, Manchester is a early-century leasehold apartment with 688 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Burnage Lane, Manchester, M19 is located in the borough of Manchester within the M19 postal district.
564, Burnage Lane, Manchester has 2 entries in the Land Registry database, most recently in October 2018 and a single entry in the EPC database dated April 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 564 Burnage Lane Manchester as £166,371 and the rental value as £775 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 564 Burnage Lane Manchester has increased by £6,022 (3.6%) and its rental value has increased by £43 per month (5.5%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 564, Burnage Lane, Manchester is in very good condition we estimate a sale value of £174,690 and rental value of £814 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £154,725 and a rental value of £721 per month.
If you were able to purchase this property for the estimated value of £166,371, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £818 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 564, Burnage Lane, Manchester was last sold on 23 Oct 2018 for £135,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Oct 2018, the market for similar properties has risen 29.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 564, Burnage Lane, Manchester within a radius of 480 metres over the last 2 years.
The most recent example is 12, Whitecroft Gardens, Manchester, M19 1NT, a Leasehold flat which sold for £140,000 in Feb 2020.
Read more about house prices in M19.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Burnage Lane, Manchester, M19 has a total of 706 addresses. According to our analysis of all the public data, 564, Burnage Lane, Manchester is the 486th largest and the 463rd most expensive property on the street.
When compared to the postcode district it is £96k less expensive than the average property in M19.
564, Burnage Lane, Manchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Apr 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 564, Burnage Lane, Manchester is Burnage station which is 600 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 564, Burnage Lane, Manchester, 53.0% of property is socially rented and 29.6% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 564, Burnage Lane, Manchester, 29.6% of residents are recorded as possessing school level qualifications and 31.2% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 564, Burnage Lane, Manchester, the average age was 34.4 and the most common age was 12.
The graph below shows how this compares to North West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 564, Burnage Lane, Manchester, 0.0% of property was a second home.
Comparison figures for North West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 564, Burnage Lane, Manchester, there are an average of 0.9 cars per household.
See below for how this compares to North West and the rest of England & Wales.